Denver Real Estate Slows Over Long Summer Weekends

Buyers Take a Break

We’ve discovered a treasure trove of data from Centralized Showing Service, the company that schedules over 50% of all home buyer showings in Central Denver.  According to this data, buyers prefer to take a break from looking at homes on the long summer weekends, Labor Day and Memorial Day.

Holiday_ShowingsA Significant DifferenceBuyer traffic is up approximately 40% on the weekends before and after these holiday weekends.  We have heard realtors speculate in the past that these long weekends are great opportunities to launch homes on the market, because buyers will use them to go house hunting.

While you might be more likely to capture an out of state buyer on one of these holiday weekends, overall you will have significantly less interest.  Timing the market for a powerful launch could mean the difference between choosing among multiple offers, or negotiating with the only buyer not enjoying their time off.

Lisa and I take pride in digging deep into the market data to better serve our clients.  We look forward to serving you or your referrals.

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